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‘Defence industrial partnerships between Middle East and Africa will drive new wave of industrialisation’ – Paramount Group

[Johannesburg, 10 April 2014] - Paramount Group, Africa's largest privately-owned defence and aerospace business, called for stronger defence industrial co-operation between the defence and aerospace industries of Africa and the Middle East at the world's most important gathering of defence, aerospace and aviation leaders during the second Global Aerospace Summit, which took place on 7-8 April in Abu Dhabi.

Ivor Ichikowitz, Paramount Group Founder and Executive Chairman, is a key speaker at the summit and will participate in a panel of top industry leaders including the presidents and CEOs of Thales, BAE Systems, Northrup Grumman and Raytheon to debate the topic: "Can investment in aviation, aerospace, space and defence industries act as a catalyst for industrialisation?

"In South Africa, we have a strong developed defence and aerospace industry. We have the capability to compete effectively with Europe and the US. Our industry has built a track record over many decades for groundbreaking innovations and technologies. Some of these technologies have been adopted by defence forces in the Middle East. But there are many more opportunities for strong partnerships that will result in technology transfer, skills development and job creation," says Ichikowitz.
[Full Story.]
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Last updated : 10 April 2014

 

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